Acquisitions and video advertising drive National World 9% revenue growth
National World writes down value of investment in The News Movement to zero.
ByDavid Montgomery
National World shareholders approve acquisition by Media Concierge
The deal is expected to go into effect on 7 March.
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London Live closes after ten years as broadcasting licence to change hands
London Live News at 6 presenter shares missive about importance of local reporting ahead of closure.
By Media Concierge to take over National World, promising to invest in local news
Media Concierge said it plans not to close any print titles and wants to focus on local news.
By National World accuses shareholder seeking takeover of financial ‘irregularities’
Media Concierge has rejected allegations of “irregularities” as “baseless”.
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National World still ‘best qualified’ to own The Telegraph, David Montgomery claims
Montgomery also slammed the “predatory behaviour” of the BBC.
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David Montgomery’s National World buys Midland News Association
National World also bought technology solution Press Computer Systems.
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NationalWorld.com staff say morale at ‘rock bottom’ in letter to HR
Rounds of compulsory and voluntary redundancies have hit the national news site in recent months.
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